Café Natúr is the closest thing Tórshavn has to a default meeting place. It sits in an old wooden warehouse on the harbour, with a small terrace for when the weather allows. Coffee and food during the day, beer and live music many evenings — Faroese musicians often play here, and the place can get genuinely crowded on weekends.
Reasonable prices by local standards and a good cross-section of locals and visitors.